MarilynG1
Expert Alumni

Retirement tax questions

The 20% additional penalty, if applicable, will show up on line 17b of your 8889 and Schedule 2, line 8.

 

You are correct that you would not be assessed a penalty for your HSA contribution.   The contribution limit is $7300 if under 55, and you had a Family HDHP Plan.

 

Click this link for more info on Excess HSA Contributions. 

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